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Theta

Theta blockchain designed for peer-to-peer video streaming. It means to be a decentralized video Content Distribution Network (CDN) by enabling anybody with spare bandwidth to end up video distribution nodes. These nodes are compensated through proof of work mining on Theta’s blockchain. To reasonably compensate nodes, Theta presents a novel concept of Reputation Dependent Mining that expands block rewards dependent on what number of customers a node is serving.

In a perfect world, the Theta blockchain will have a strong internal economy where streamers transfer video to Ingest Nodes that transcode video. Video dispersion hubs transfer the video to watchers and are remunerated by the quantity of watchers the nodeserves. Sponsors can publicize on Theta by paying streamers Theta tokens and watchers can give to streamers utilizing Theta tokens.

Top News

Puerto Rico to Create Advisory Council for “Blockchain”

Petro rico crypto

According to local news outlet El Nuevo Dia, Puerto Rico’s Department of Economic Development and Trade (DDEC) is going to set up an advisory council to attract and develop companies based on blockchain technology within the public and private sectors The move was announced by the island’s secretary of economic …

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Due To Falling Prices of Bitcoin, Mining Now Less Profitable

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Bitcoin miners might turn off machines until the bitcoin value bounce back. It’s a well-known fact the BTC cost has been stuck, which has hosed investor’s estimation however now it’s likewise meddling with the plans of eager mining projects that have overwhelmed the market since bitcoin’s top at year-end. The …

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Taiwan’s New Central bank Governor Tentative on State Cryptocurrency

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Yang Chin-long, the new governor of Taiwan’s central bank, in a recent meeting he has indicated, “Uncertainty” over cryptocurrencies’ function as a payment instrument. In a meeting with lawmakers this week, Taiwan’s new central bank governor Yang Chin-long was asked about the central bank’s current stance and the outlook for cryptocurrencies …

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